SpiceJet, Jet Airways, JetKonnect, IndiGo and GoAir launched the second round of discounts on 30-day advance purchase of tickets, offering a flat 30% discount on base fare and fuel surcharge.
"This airfare price war is happening for the second time this year. A Delhi-Mumbai ticket, which costs Rs 10,098 when bought last minute, can be purchased for Rs 3,617, including tax under the present offer, said Vikram Malhi, general manager, South & Southeast Asia, Expedia.
"By selling some percentage inventory at discounted prices during the lean season, airlines are in a better position to assess their bookings and load factor to plan for the holiday season, he added.
Travellers who missed booking discounted airfares last week now have reason to cheer. Low-cost airlines SpiceJet and Indigo have offered 30% discount on base fare for 30-day advance purchases. However, this time the sale is only for travel on weekdays (Monday-Thursday), said Rajesh Magow, cofounder & CEO-India, MakeMyTrip.
Industry experts say 1-2 airlines could have resorted to a second round of discounts in the last seven days due to weak cash flows.